nRoad, a Boston-based AI startup, has announced Convus, a platform purpose-built for financial services with deep, domain-centric, machine learning models. The platform requires minimum training samples, enables faster deployment, and is built on a microservices-based architecture that can integrate with existing IT infrastructure in a non-intrusive way while maintaining required data security.
Convus is currently in production, operating at global scale and driving significant value for several Fortune 100 financial services institutions.
Currently serving the financial services industry, the Convus platform has proven its capabilities to some of the largest FinTech players, asset management firms, and financial data providers, including:
- Allows financial institutions to extract, normalize, and incorporate critical business information buried in unstructured documents into mission-critical business processes.
- Offers a purpose-built enterprise-grade platform that delivers scale, accuracy, and efficiency with minimal training burden.
- Reduces costs and avoids manual data extraction and entry; deep learning models adapt to changing document formats and structure.